The Federal Trade Commission (FTC) initiated new regulations for debt settlement companies on Monday, September 27, 2010. In the past, when consumers called a debt settlement company, the firm could promise to make substantial cuts in consumers’ debt without disclosing fees and charges upfront. This all changes as debt settlement companies are now straddled with new regulations that require a more open, up front relationship with the consumer.Read more

When you begin to get behind on your bills, the anxiety can be overwhelming. Many turn to debt settlement as a way to escape the fear, but debt settlement is often a matter best handled by you directly. It will not be easy, but you are likely to come away in a much better situation.Read more